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BIG DEALS |31
OTTAWA LIGHT RAIL
SYSTEM ACHIEVES
COMMERCIAL
AND FINANCIAL CLOSE
CLOSING DATE: FEBRUARY 12, 2013
The City of Ottawa, with its co-sponsor Infrastructure Ontario, and the Rideau Transit
Group Partnership, of which SNC-Lavalin,
ACS Infrastructure and EllisDon are partners,
achieved commercial and financial close to
design, build, finance and maintain the Confederation Line, the City of Ottawa's first light
rail transit system.
The estimated $2.1 billion Confederation
Line is the biggest capital undertaking in the
City of Ottawa's history. The project involves
the construction of a 12.5 km guideway, 10
above-ground stations, three underground
stations and a 2.5 km tunnel beneath the
downtown core, as well as the widening of
Highway 417, the supply of light rail transit
vehicles, and the construction of a maintenance and storage facility.
Alstom finalized agreements with members
of the Rideau Transit Group consortium to
supply 34 light rail vehicles and provide 30
years of maintenance services for the first line
of the light rail transit system; their portion
of the project is worth approximately $540
million. This landmark development is
expected to provide significant economic and
environmental benefits to the nation's capital.
Lexpert®Ranked Lawyers
Rumball, Michael D.
Salzman, Carla M.
Sanders, Douglas R.
Sanderson, Laurie J.
Sandrin, Larry R.
Santoro, Vitale A.
Stikeman Elliott LLP
(416) 869-5671
mrumball@stikeman.com
Goodmans LLP
(416) 597-4150
csalzman@goodmans.ca
Borden Ladner
Gervais LLP
(604) 640-4128
dsanders@blg.com
Bull, Housser
& Tupper LLP
(604) 641-4873
lrs@bht.com
Osler, Hoskin
& Harcourt LLP
(514) 904-5371
vsantoro@osler.com
Mr. Rumball's practice
focuses on structured
finance, but also includes
project finance and toll
road financing. Clients
include providers/endusers of credit and other
financial services, as well
as underwriters and other
financial intermediaries.
Ms. Salzman has
extensive expertise
in P3s, alternative
finance projects, public
procurement and
complex construction
projects. She acts
regularly for clients
including governments,
consortia, developers,
constructors, subcontractors and lenders.
Gowling Lafleur
Henderson LLP
(613) 786-0169
laurie.sanderson@
gowlings.com
Mr. Sandrin's commercial
real estate practice
includes advising
on numerous PPP
infrastructure projects.
He focuses on
major governmental
approval processes
in comprehensive
development projects,
as well as development
and leasing generally.
Mr. Santoro, co-chair of
the Corporate Finance
Specialty Group, has
a broad corporate and
securities practice that
focuses on corporate
finance and M&A. He
acts for industry leaders
in infrastructure, project
finance, real estate
and mining.
vate-
ROB-Infrastructure.indd 31
Mr. Sanders, also a
professional engineer,
focuses on PPPs and
projects in many sectors
including construction
and engineering contract
negotiation, drafting and
review. He is co-author
of Practical Law of
Architecture, Engineering
and Geoscience.
Ms. Sanderson is the
leader of the National
Real Estate Group. With
more than 25 years of
experience, she is a
recognized expert in
the area of commercial
leasing and represents
a wide variety of both
private- and public-sector
landlords and tenants.
13-08-06 10:25 AM
